It's due to crony capitalism. A free market has nothing to do with it. A free market is an ethereal as real communism. Both exist and function only in the vacuum of theory. Both theories are lauded as the antithesis of the other and the savior of everyone. Yet, they are always talked about in terms that ignore the corruptible nature of man.
No, it's free market capitalism. Free markets, even in the absence of government, will form monopolies. because monopolies are the most profit efficient. Competitive markets, on the other hand, are the most price efficient. Not all competitive markets are free, and not all free markets are competitive.
It's due to crony capitalism. A free market has nothing to do with it. A free market is an ethereal as real communism. Both exist and function only in the vacuum of theory. Both theories are lauded as the antithesis of the other and the savior of everyone. Yet, they are always talked about in terms that ignore the corruptible nature of man.
No, it's free market capitalism. Free markets, even in the absence of government, will form monopolies. because monopolies are the most profit efficient. Competitive markets, on the other hand, are the most price efficient. Not all competitive markets are free, and not all free markets are competitive.